Steve Jobs ranked No. 56 richest in America
updated 11:15 am EDT, Fri September 21, 2007
Jobs #56 richest in US
Apple CEO Steve Jobs is the 56th richest man in the United States, a new magazine ranking claims. Prominent business publication Forbes has released a new edition of its "Forbes 400" list, charting the status of 400 billionaires; reflecting a growing wealth disparity in the country, the minimum worth needed to enter the list rose $300 million from last year to reach $1.3 billion. Jobs has himself risen substantially in the rankings since last year, when he was only No. 132.
The executive's net worth is still valued at approximately $5.7 billion, virtually unchanged, but this may be partly attributable to several deaths in the intervening time, including notorious real-estate dealer Leona Helmsley and Wal-Mart's Helen Walton.
Jobs is described by Forbes as the "coolest tech superstar ever," having been labelled an "igod" at the time of the iPhone's debut, but the magazine remains critical in other areas. Apple TV is described as an "iFlop" in the wake of NBC Universal's withdrawl from iTunes, and the $200 iPhone price cut is said to have alienated early iPhone adopters.
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Joined: May 2004
wow
The number one thing both on the importance list and on the never talked about list gets mentioned...
"reflecting a growing wealth disparity in the country"
The music industry, the hollywood elite... they all complain about how millions just isn't enough for them, yet we worship them, treat them like being able to act like someone else or sing is so much more than teaching children or cures for diseases... then they flaunt it in our faces (think MTV Cribs, etc.) and we give them more and more, people acting blessed if they deign to scribble their name on a picture. Poor poor Liz Hurley and others, so 'tired' of the proletariat that makes them rich beyond reason...